Rivera Realty

5045-57 KAIGHN AVENUE, PENNSAUKEN, NJ 08109

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5045-57 KAIGHN AVENUE, PENNSAUKEN, NJ 08109

Sold Price: $1,105,000
List Price: $1,400,000
Sold Date: May 24, 2024

Sq. Ft.: 12,000
Type: Commercial
Buyer's Agent: Sidney Benstead
Listing Agent: Sidney Benstead
Request Information
Excellent opportunity on Route 38. Retail center with warehouse space available best suited for end user or investors. Four units total with long term tenants including a doctors office (2 units) and dance studio plus a 4,000 sq. ft. retail/warehouse end unit with loading dock. Ample amount of parking in the rear of the building located on a soft corner close to the Cherry Hill Mall along Route 38. 12,000 sq. ft. of total space with 142 ft frontage on Route 38 142X258 lot size. The dance studio currently pays $4050/month NNN and the Doctors office which occupies 2 units pays $4927/month plus NNN both tenants have long term leases in place. The 4k sqft. warehouse has a loading dock and drive-in door is projected to bring in $4800/month which would bring the total income to $163,200/year. Great asset for investors looking for a property in an excellent location with great tenants.
Buyer's Agent: Sidney Benstead
Listing Agent: Sidney Benstead
Property Features
Location Information
County: CAMDEN
Municipality: PENNSAUKEN TWP
MLS Area: Pennsauken Twp (20427)
Interior Features
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C
Exterior Features
Is New Construction: No
Septic or Sewer: Public Sewer
Lot Size in Acres: 0
Building Total Area (Sq. Ft.): 12,000
Additional Information
ListDate: 2023-10-19 00:00:00.0
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1965


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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at January 8, 2026, 11:05 PM ET